Block
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 9.5b | 17.7b | 17.5b | 21.9b | 24.7b | 27.6b | 30.5b |
% growth | 101 % | 86 % | (1 %) | 25 % | 13 % | 11 % | 10 % |
EBITDA | 357m | 396m | (142m) | 1.5b | 2.9b | 3.6b | 4.5b |
% EBITDA margin | 4 % | 2 % | (1 %) | 7 % | 12 % | 13 % | 15 % |
Profit | 213m | 166m | (541m) | 9.8m | 1.2b | 1.7b | 2.5b |
% profit margin | 2 % | 1 % | (3 %) | - | 5 % | 6 % | 8 % |
EV / revenue | 10.2x | 4.2x | 2.1x | 2.1x | 1.5x | 1.3x | 1.1x |
EV / EBITDA | 271.3x | 186.0x | -257.2x | 31.6x | 12.9x | 9.7x | 7.2x |
R&D budget | 882m | 1.4b | 2.1b | 2.7b | - | - | - |
R&D % of revenue | 9 % | 8 % | 12 % | 12 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$10.0m | Series A | ||
$27.5m | Series B | ||
$100m | Series C | ||
$3.0m | Series C | ||
$200m | Series D | ||
N/A | Secondary | ||
$100m | Debt | ||
$150m Valuation: $5.9b | Series E | ||
N/A | Growth Equity VC | ||
N/A | $2.9b | IPO | |
* | N/A | Post IPO Debt | |
* | N/A | $2.0b | Post IPO Debt |
Total Funding | CAD669m |
Recent News about Block
EditBlock Inc., formerly Square Inc., is a leading technology company specializing in financial services. Its flagship product, Square, dominates with a comprehensive suite of tools including point-of-sale systems and payment processing solutions that cater extensively to small businesses. The Cash App follows, offering versatile financial services ranging from peer-to-peer money transfers to investment options in stocks and Bitcoin, complemented by a customizable debit card. Additionally, Block is expanding into the music streaming market with TIDAL and advancing Bitcoin utility and security through initiatives like Spiral and a dedicated hardware wallet, aiming to create a robust ecosystem of integrated financial services.